Question 9
How much of the fund was invested in the Oil \& Gas sector?
$ \$ 119,980,000 $
$ \$ 128,550,000 $
$ \$ 248,530,000 $
$ \$ 282,810,000 $
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End test
Total value of fund $ \$ 857 \mathrm{~m} $

Answer

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Answer

3. Convert the result to dollars: \$ 282,810,000

Steps

Step 1 ：1. Calculate the proportion for Oil \& Gas sector: $\frac{282.81}{857}$

Step 2 ：2. Multiply the proportion with the total fund value: $\frac{282.81}{857} \times 857\mathrm{~m} $

Step 3 ：3. Convert the result to dollars: \$ 282,810,000